Your Localized Market Report

Apache Junction, AZ

Single-Family Homes

Lawyers Title Arizona & Grand Canyon Title Agency www.LawyersTitleArizona.com & www.gcta.com



Apache Junction, AZ

Fri Mar 29 2024
This week the median list price for Apache Junction, AZ is $436,495 with the market action index hovering around 54. This is less than last month's market action index of 57. Inventory has increased to 88. Click here to stay informed with the Apache Junction market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Apache Junction, AZ

Fri Mar 29 2024
This week the median list price for Apache Junction, AZ is $436,495 with the market action index hovering around 54. This is less than last month's market action index of 57. Inventory has increased to 88. Click here to stay informed with the Apache Junction market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Apache Junction market.
Median List Price $436,495
Median Price of New Listings $407,770
Per Square Foot $283
Average Days on Market 61
Median Days on Market 28
Price Decreased 39%
Price Increased 9%
Relisted 6%
Inventory 88
Median Rent
Market Action 54
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$999,900 2,629 1 - 2.5 acres 4 3 1 2 2 70
$469,435 1,859 6,500 - 8,000 sqft 4 2 1 6 1 28
$402,495 1,635 4,500 - 6,500 sqft 3 2 8 4 3 28
$369,950 1,294 4,500 - 6,500 sqft 3 2 25 6 4 14